Join Peggy on her latest CTV segment as she discusses the bond market shift, interest rate trends, and what’s really behind the drop in home sales. With the bond market hitting its lowest point, Peggy explains why that’s a strong signal that interest rates, especially the 5-year fixed, will likely come down soon. In Simcoe County, sales are down 40%, but she emphasizes that recent weather played a major role. The ice storm and power outages disrupted open houses and showings, leading to lost weekends for real estate activity. Peggy also touches on how ongoing tariffs are adding pressure to the market and shares her thoughts on the upcoming Bank of Canada announcement. If the bond market continues to drop, she expects rate cuts to follow.
NEXT STEPS
Take the next step towards securing your dream home. Whether you’re a current homeowner looking to make strategic moves in this evolving market or a potential homeowner eager to navigate the path to ownership, our team is here to support you every step. Ready to explore your options and make informed decisions? Contact us via our contact page to schedule a personalized consultation with one of our experienced advisors.
Wondering about the current value of your home amidst spring housing trends? Take advantage of our free home evaluation service to gain clarity on your property’s worth in today’s market.
And for those eager to embark on the exciting journey of homeownership, our listings page awaits with a wealth of opportunities tailored to your preferences and needs. Don’t delay – let’s turn your homeownership dreams into reality together.
Stay connected! Follow us on social media for the latest updates, trends, and recent listings in Barrie’s real estate market. Don’t miss Peggy Hill’s expert insights on CTV Barrie! Watch past broadcasts on the CTV website.